Lakshya Powertech Ltd IPO
Our Company established in the year 2012, started as an Engineering Consultancy and Contracting Company, distinguished for its expertise in Mechanical and Electrical services. We embarked as a freelancing consultancyin power generation and our Company rapidly transitioned into a multifaceted entity with a robust expansion into Operations and Maintenance (O&M) for Gas Power Generation. We strategically expanded our operations by delving into significant Power Generation Projects, a move that was strengthened by our entry into the Oil and Gas sector. This diversification not only broadened the scope of our services but also solidified our position in the industry. Our global reach was further established through an Engineering, Procurement, and Construction (EPC) Contract in Renewables in Malaysia, and our growth extended into the Operations and Maintenance (O&M) of Oil and Gas facilities.We predominantly engage across four key sectors: Oil and Gas, Power, Renewable Energy, and Industrial. Our services are organized into four primary divisions: (i) Engineering, Procurement, Construction & Commissioning; (ii) Integrated Operation & Maintenance Services; (iii) Special Services. Within these segments, we deliver comprehensive solutions tailored to meet the unique needs of our clients, ensuring excellence at every stage of project execution.
Price Range
₹171 - 180
Bidding Dates
16 Oct - 18 Oct
Allotment Date
21 Oct 2024
Key Statistics
 Bid Opening Date | 16 Oct 2024 |
| Bid Opening Date | 18 Oct 2024 |
| Bid Opening Date | 21 Oct 2024 |
 Issue Size | ₹49.91Cr |
 Quantity in 1 lot | 800 |
Strength and risks
Strength
Experienced Promoters and Management Team.
Long standing relationships with customers.
Efficient operational team.
Consistent financial performance.
Risk
Its projects are awarded through the competitive bidding process by government authorities/bodies and Private Companies. The company may not be able to qualify for, compete and win future projects, which could adversely affect its business and results of operations.
The company relies on its in-house designing and engineering team for project execution. Loss of employee(s) may have an adverse effect on the execution of its projects.
Its Registered Office, Corporate Office and Workshop from where the company operates is not owned by it.
Delays in the completion of current and future projects could lead to payment of liquidated damages for its engineering, procurement, construction and Commissioning (EPCC), which could have an adverse effect on its cash flows, business, results of operations and financial condition.
Increase in the prices of raw materials and labour could have an adverse effect on its business, results of operations and financial condition.
The Company, its Directors and its Promoters are party to certain litigation and claims. These legal proceedings are pending at different levels of adjudication before various forums and regulatory authorities. Any adverse decision may make it liable to liabilities/penalties and may adversely affect its reputation, business and financial status.
Its actual cost in executing Projects may vary substantially from the assumptions underlying its bid or estimates. The company may be unable to recover all or some of the additional costs and expenses, which may have a material adverse effect on its results of operations, cash flows and financial condition.
Its business is working capital intensive. If the company experience insufficient cash flows to meet required payments on its working capital requirements, there may be an adverse effect on the results of its operations.
The company has had negative cash flows from Operating, investing and financing activities in the past and a consequent net decrease in cash and cash equivalents in some of the recent years.
The Company is dependent on a few suppliers for purchases of products. The loss of any of these large suppliers may affect our business operations.
Promoters Holding
| Investors | Holdings % |
| Rajesh Anne | 42.88% |
| Priya Bandhavi Anne | 52.55% |
| Gopala Rao Anne | 0.03% |
About Lakshya Powertech Ltd
| Organisation | Lakshya Powertech Ltd |
| Headquarters | Ahmedabad |
| Industry | Infrastructure Developers & Operators |
Frequently Asked Questions
What is the size of the Lakshya Powertech Ltd IPO?
The size of the Lakshya Powertech Ltd IPO is ₹49.91Cr .
What is 'pre-apply' for Lakshya Powertech Ltd IPO?
'Pre-apply' for Lakshya Powertech Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.
When will my Lakshya Powertech Ltd IPO order be placed?
Your Lakshya Powertech Ltd IPO order will be placed on 16 Oct 2024.
What are the open and close dates of the Lakshya Powertech Ltd IPO?
The open and close dates of the Lakshya Powertech Ltd IPO are 16 Oct 2024 to 18 Oct 2024.
What is the lot size and minimum order quantity of the Lakshya Powertech Ltd IPO?
The lot size and minimum order quantity of the Lakshya Powertech Ltd IPO are 800 and 800 respectively.
What would be the listing gains on the Lakshya Powertech Ltd IPO?
The potential listing gains on the Lakshya Powertech Ltd IPO will depend on various market factors and cannot be predicted with certainty.